Canada proposes a two-year ban on foreigners buying real estate

Canada proposes a two-year ban on foreigners buying real estate

Canadian Prime Minister, Justin Trudeau, has reportedly proposed a two-year ban on foreigners purchasing homes as the country struggles with some of the globe’s worst housing affordability crisis.

Prices have surged by over 20% in the country, with the average home costing almost C$817,000 ($649,000), nine times the household income in Canada.

However, industry analysts doubt whether a ban on foreign buyers is enough for addressing the problem. Research, although with limited data, has suggested that house purchases by foreign buyers make up a small fraction of the market.

Ben Myers, President,

ESPN set to launch NFT collection with Tom Brady’s NFT platform Autograph

ESPN set to launch NFT collection with Tom Brady’s NFT platform Autograph

ESPN is reportedly entering the NFT (non-fungible tokens) world by signing a multi-year agreement with Autograph, the NFT platform of legendary quarterback Tom Brady.

The financial terms of the deal were not revealed in the joint statement. Kevin Lopes, the Vice President of Sports Business Development & Innovation at ESPN, stated that the sports channel is delighted to offer its first NFTs to cater to the fan’s demand for technology, sports, and content.

It should be noted that NFTs are tokens based on blockchain that gives holders the rights to digital representations of music, art, and other collectibles. Last year, the tra

Fashion e-Commerce platform Shein to reach $100 billion valuation

Fashion e-Commerce platform Shein to reach $100 billion valuation
  • The online retailer eyes potential investment worth $1 billion
  • The fast-fashion behemoth has penetrated in the U.S. and Chinese markets
  • Shein offers more than 600,000 fashion products to customers across more than 150 countries

Chinese fast fashion e-commerce platform, Shein is reportedly nearing a funding round which taking the total valuation of the company up to $100 billion.

According to intel from company insiders, the online retail startup is currently working with potential investors to cl

Nordic Entertainment Group to add live sports to UK content lineup

Nordic Entertainment Group to add live sports to UK content lineup

Swedish media group Nordic Entertainment Group, or NENT, has reportedly included live sports in its content lineup in Britain through its streaming platform Viaplay.

NENT, known for its noir crime shows like The Bridge, is expanding to over 12 counties to compete with major competitors Disney+ and Netflix. In addition, it has also obtained long-term exclusive rights in the UK for sporting events like skating, hockey, and handball from different sports organizations.

The company will initially focus on sports having a Nordic connection and the platform eventually aims to develop a wider understanding in the United Kingdom that consolidat

England launches 4th dose of Covid-19 vaccine for 75 years and above

England launches 4th dose of Covid-19 vaccine for 75 years and above

NHS’ latest booster campaign will provide fourth covid-vaccination dose to nearly 5 million people

The National Health Service (NHS) of England has rolled out the fourth Covid-19 vaccine dose for individuals above 75 years of age and high-risk immunosuppressed individuals under its spring booster vaccination programme.

Turns out, the Joint Committee on Vaccination & Immunisation (JCVI) of the UK had prompted the booster programme to individuals susceptible and vulnerable to Covid19.

With this, the NHS has opened bookings for additional vaccine doses – to be given appr

Spotify inks agreement with FC Barcelona as a primary club partner

Spotify inks agreement with FC Barcelona as a primary club partner

Spotify has reportedly signed a long-term agreement with FC Barcelona which will make the streaming giant a primary club partner and its official audio streaming partner.

As a part of this agreement, Spotify will feature on the front of both women’s and men’s team shirts for the next five seasons. The audio platform will also appear on the training kits for the next three seasons, starting the 2022-23 season.

Under the partnership, the stadium will be renamed Spotify Camp Nou starting July 2022. The partnership aligns with the club’s plan to look for partners who share its philosophy and values.

Nippon TV, Disney partner for co-production of local language content

Nippon TV, Disney partner for co-production of local language content

Nippon TV, a television broadcasting company, and Disney, an entertainment giant, have reportedly announced a strategic collaboration deal for local language co-production and content sharing.

The latest partnership between Disney and Japan’s legacy broadcaster comes as the California-based entertainment company is reviving its content creation engine across the Asia Pacific region.

In a joint statement, the companies have cited that the latest collaboration will cover the co-production of local language content including drama series animations, as well as Disney Plus variety shows for both global and Japanese audiences. The deal

Meat & seafood brand TenderCuts opens first all-women store in Chennai

Meat & seafood brand TenderCuts opens first all-women store in Chennai
  • The firm will recruit, educate and assign women jobs in customer service, store management, accounting, housekeeping, and Butchering
  • It plans to open new outlets across India

TenderCuts, a meat and seafood brand, has recently announced opening its first-all-women store in Chennai, with plans to develop more such outlets in the country.

According to a press release, the store is said to be an extension of the long-term vision of TenderCut to aid all shoppers, especially women, for stepping into the fish or meat buying experience.

Netflix eyes Next Games for acquisition to strengthen gaming portfolio

Netflix eyes Next Games for acquisition to strengthen gaming portfolio

Amidst the growing gaming industry, several technology and streaming platforms are exploring the expansion of their portfolios to add novel mobile games and related tech.

To that end, American streaming service provider Netflix has propositioned mobile game developer Next Games for a takeover, in an attempt to solidify its presence in the gaming sector.

Reportedly, Netflix has offered to pay $2.33 in cash for every share of Next Games, the Finnish studio that designed a mobile game based on a popular Netflix series – “Stranger Things”.

According to the announcement, the two companie